101 Mellard CtGoose CreekSC29445
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Goose Creek at 101 Mellard Ct, Goose Creek, SC, 29445 priced at $350,000 pairs $1,960/mo rent with after a $1,713/mo payment. Total monthly income equals $1,960/mo. Return on cash invested is 18.63% in year one, and rental yield stands at 6.72% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 95.7% and total cumulative return in cash reaches $111,038. For financing, Ziffy Mortgage’s DSCR program evaluates $1,960/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29445, Goose Creek, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,491 (100%) |
| Owner Occupied HU | 15,756 (67.1%) |
| Renter Occupied HU | 6,667 (28.4%) |
| Vacant Housing Units | 1,068 ( 4.5%) |
| Median Home Value | $285,667 |
| Average Home Value | $299,128 |
Housing Distribution
Address Breakdown
Residential
23,229
Single Family
21,145
Multi-Family
2,084
Businesses
1,173
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25032363